Answer: $3 per unit per year
Explanation:
Using the EOQ model we will have to divide the Total Carrying Cost ( Annual Inventory Carrying Cost ) by the Average inventory to find the inventory carrying cost per unit per year.
First then, let us calculate the Total Annual Inventory Carrying Cost with the following formula,
Annual Inventory Carrying Cost = total annual setup or ordering cost .
Now the figure provided needs to be divided in 2 before it has both the carrying and ordering cost.
So Annual inventory carrying cost = total annual inventory /2
= 600/2
= 300
Now to calculate the Average Inventory which is,
Average Inventory = EOQ/2
= 200/2
= 100
The Inventory Carrying Cost per unit will therefore be,
= 300 / 100
= $ 3
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Yes, because the person never handled chemicals before and if they want the job done right he NEEDS training before beginning
$1012100 is the allocated manufacturing overhead.
Answer:
The correct answer is b. managerial accounting and financial accounting
Explanation:
Administrative Accounting: It is the Information System at the service of the administration. Also called management accounting, with orientation to planning, control, and decision-making functions. It refers in general to the extension of internal reports, whose design and presentation is currently responsible for the company's accountant.
Financial Accounting: Financial Accounting is the technique with which quantitative information on economic entities is systematically produced, aimed at providing information to third parties related to the company.